More than 400 lawmakers from 34 countries have signed a letter to Amazon.com Inc boss Jeff Bezos backing a campaign that claims the tech giant has "dodged and dismissed … debts to workers, societies, and the planet," organisers said.
Amazon (NASDAQ: AMZN) stock looks expensive today, trading at more than $3,000 for one share. That's enough money to buy about 15 shares of PayPal, 20 shares of Walt Disney, 26 shares of Apple, or 58 shares of Coca-Cola. Where should you put your money?It's not about the priceWhi
While investors mull the latest on the surging coronavirus and wait for the latest data on the U.S. Services economy and weekly jobless claims, they are weighing the prospects for some movement on a new coronavirus stimulus bill
As Apple (NASDAQ: AAPL) begins sales of 5G devices and ramps up for the holiday season, investors have good reason for optimism. Amid the shifts in workloads brought about by COVID-19, demand for Apple devices has increased on many fronts.However, the stock has also risen signifi
A lot of ink has been spilled about brick-and-mortar retailers moving into e-commerce that's dominated by online selling pioneers like Amazon (NASDAQ: AMZN). But there's one edge that tech platforms have over big-box giants like Walmart (NYSE: WMT) that investors should know.ProS
When the curtain closes on 2020, it'll mark one of the most volatile years on record. The widely followed S&P 500 has logged many of its largest single-session point gains and losses in history since the last week of February.For long-term investors, these wild vacillations i
Walmart Inc-controlled Indian e-commerce firm Flipkart said on Thursday it was partially spinning off PhonePe to widen the digital payments platform's access to capital to fuel its growth.
A group of U.S. states led by New York is investigating Facebook Inc for possible antitrust violations and plans to file a lawsuit against the social media giant next week, four sources familiar with the matter said on Wednesday.
NEW YORK/LONDON/MILAN/MELBOURNE (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
FedEx (NYSE: FDX) on Wednesday said it intends to acquire e-commerce platform ShopRunner for an undisclosed price, adding a new dimension to the shipping giant's growing rivalry with Amazon.com (NASDAQ: AMZN).ShopRunner is a membership program that offers free two-day shipping, f
Alternative assets like office buildings, farmland and loans to mid-sized businesses will help investors meet their goals as interest rates stay low, said Jose Minaya, CEO of Nuveen, the $1.1 trillion asset management arm of TIAA.
Are These The Top Tech Stocks To Watch Before 2021?Tech stocks have had quite a phenomenal year. The stock market took a huge dive in March, but thankfully the drop didn’t last long. Shortly after, the monumental gains the stock market has made since then have investors loo
Amazon.com Inc is in talks to buy podcast startup Wondery with a valuation of over $300 million, the Wall Street Journal reported on Wednesday citing people familiar with the matter.
More people are doing more online shopping than they've ever done before in 2020. As shoppers flock to online outlets, Amazon.com (NASDAQ: AMZN) has stood out from the crowd in 2020. Despite already dominating online sales, the company has seemingly increased its standing at the
LONDON/MILAN/MELBOURNE (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Target (NYSE: TGT) has long been viewed as one of the retail stocks on the losing end of e-commerce, and there are some valid reasons behind that. The company's website has never been particularly successful when compared to Amazon, and Target's lure was always its big, clean sto
As its competition with Amazon's (NASDAQ: AMZN) Amazon Prime heats up during the holiday shopping season, Walmart (NYSE: WMT) announced today it will begin offering free shipping on all orders placed as part of a Walmart+ subscription. The new policy takes effect on Friday, Dec.
What happenedShares of prescription-drug coupon company GoodRx Holdings (NASDAQ: GDRX) fell 22.1% in November, according to data provided by S&P Global Market Intelligence. The stock went down a little in the days following the release of its third-quarter results. But it plu
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